Adapting To The New Personal Loan Market

A Webinar on Personal Loans: August 6th | 2 PM EST

Members Need Loans Differently Than They Did Just A Few Years Ago.

The personal savings rate is just 2.4% in 2026, marking one of the lowest levels in recent decades. As a result, personal loans have become less about making major purchases, and more so as a tool to manage everyday expenses and navigate financial uncertainty.

At Desert Valleys Federal Credit Union, Magnolia Federal Credit Union, and many other credit unions, that shift has driven a greatly increased demand for personal loans. However, it has also forced both institutions to rethink long-held assumptions around pricing, underwriting, collections, and risk management as borrower needs continue to evolve.

In this webinar, Eric Bruen, CEO of Desert Valleys Federal Credit Union, and Dylan Mawhinney, vice president of lending at Magnolia Federal Credit Union, will discuss what happens when personal loans shift from funding life goals to helping members manage day-to-day financial pressures. From surging loan demand and changing borrower behaviors to evolving underwriting and collections practices, attendees will hear how both institutions are adapting to a lending landscape that looks very different than it did just a few years ago.

Need a little more information? Check out what you'll learn in the section below! ↓